A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud. The case stems from a complaint by the Life Insurance Corporation of India (LIC) regarding investments in RCAP's non-convertible debentures, alleging criminal conspiracy, misrepresentation, and fraudulent diversion of funds causing significant loss to LIC.
Ryan ten Doeschate has resigned as India's men's assistant coach after the England white-ball series, reportedly to join IPL franchise Kolkata Knight Riders. He was a key part of the coaching staff under Gautam Gambhir, contributing to India's white-ball successes but also witnessing Test struggles.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
India's Rudrankksh Patil, Himanshu Dhillon, and Parth Mane secured a silver medal in the men's 10m air rifle team event at the Asian Games. The young trio displayed composure, with debutant Parth Mane's performance being particularly noteworthy, contributing to India's growing medal tally in shooting.
The UK has successfully test-fired a US torpedo from an undersea drone, marking a significant advancement in submarine technology for the AUKUS partners (UK, US, Australia). This development coincides with Prime Minister Andy Burnham's visit to the UN General Assembly, where he is discussing global challenges like AI, the Ukraine conflict, and West Asia security with international leaders, and announced the UK will host the G20 Leaders' Summit in Manchester next November.
Prachiti Nagpurkar, a former chartered accountant, has made history as the first Indian to referee a mixed martial arts (MMA) bout at the Asian Games in Nagoya. She left her lucrative profession to pursue her passion for MMA, where she also owns a gym and trains fighters. Nagpurkar advocates for women in male-dominated sports, expressing pride in her role as a female official in the cage.
A frozen phone screen, a fake customer-care call, a screen-sharing request or even a duplicate SIM can give cybercriminals a route into your bank account.
SBSP chief Om Prakash Rajbhar has revived the long-standing discussion about dividing Uttar Pradesh, claiming Prime Minister Narendra Modi assured him the state could be split into four parts after a caste census. Rajbhar's statement, made at a rally in Deoria, links the division to the 27% reservation issue and suggests a Rajbhar could become chief minister of a new Purvanchal state. The demand for UP's division has historical precedents, notably from former Chief Minister Mayawati.
The CBI has registered a case against Reliance Capital Limited (RCAP), its former chairman Anil Ambani, and others for an alleged Rs 2,684.57-crore fraud involving investments made by the Life Insurance Corporation of India (LIC). Anil Ambani has denied any wrongdoing. The LIC alleges criminal conspiracy, misrepresentation, and fraudulent diversion of funds.
Kartik Aaryan, Yami Gautam were honoured at the 72nd National Film Awards.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
India experienced a mixed day at the Asian Games, with skeet shooters and rowers adding to the medal tally, and wushu player Roshibina Devi securing a silver. While kabaddi and hockey teams continued their winning streaks, boxing, gymnastics, and fencing saw disappointments. The overall medal count reached 15, with only one gold so far.
YR Sadashiva Reddy, Co-Chairman of the Bar Council of India (BCI), has called for the immediate resignation of BCI Chairman Manan Kumar Mishra, citing alleged irregularities in appointments, diversion of Council funds, financial dealings with law colleges, and other governance issues. Mishra has dismissed the allegations as 'baseless'.
India's youngest municipal chairperson, Diya Binu, on Tuesday lost office after a no-confidence motion moved by the Left Democratic Front was passed in Kerala's Pala Municipality with the support of rebel Congress councillors, ending the United Democratic Front's rule in the civic body.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
The Congress party has criticised the government's recent notification regarding UPI transactions, alleging it paves the way for users to be charged fees, particularly for transactions above Rs 2,000. The party claims the government lacks transparency and questions if the move is to benefit American firms. The government, however, states that charges are necessary for the system's sustainability and infrastructure upgrades, with the Finance Minister clarifying that Merchant Discount Rate (MDR) applies to merchants, not customers.
A crucial annual general meeting (AGM) of Tata Sons, the primary holding company of the Tata conglomerate, was adjourned due to a lack of quorum, specifically the absence of representatives from the Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT). The SRTT is currently under restrictions from the Maharashtra Charities Commissioner, preventing it from making major decisions or holding meetings, which impacted its ability to participate.
From Filhaal to Daayra, we look at Meghna Gulzar's filmmaking journey, including the highs of Talvar and Raazi and the films that fell short.
The Uttar Pradesh government has formed a Special Investigation Team (SIT) to probe alleged irregularities in the Ram temple donation funds, a move welcomed by the Ram Mandir Construction Committee chairperson. The trust itself requested the inquiry to counter misinformation, while an opposition MP demanded a Supreme Court judge-led investigation.
Chinese Foreign Minister Wang Yi stated that President Xi Jinping and Prime Minister Narendra Modi reached a crucial consensus during the BRICS summit, agreeing that China and India should be partners, not rivals. The leaders pledged to maintain peace and tranquility in border areas, deepen cooperation, and support each other in multilateral forums, aiming to strengthen the Global South and promote a multipolar world order.
A 35-year-old Mahant, Devanand Van, of Chandrasel Math in Kota was stabbed to death by unidentified persons. Police suspect the murder was due to a dispute over the ownership of the Math's trust and land. Following protests by his kin and followers, authorities have assured a speedy investigation, including an SIT, and have detained several individuals for questioning.
The Indian coal ministry announced that 147 commercial coal blocks auctioned since 2020 are expected to attract approximately 55,000 crore in capital investment, generate 490,000 jobs, and contribute significantly to state revenues.
'I have seen all the storms and floods. I have crawled and reached here.'
Former Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai and ex-trustee Anil Mishra, who had stepped down amid a temple donation theft controversy, are now actively holding meetings and interacting with seers in Ayodhya. This re-emergence coincides with the Special Investigation Team (SIT) sharing its final report on alleged irregularities in Ram temple donations with the Trust, sparking speculation about its findings.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
Quimcy D'Souza, a self-funded and self-coached Indian teqball player, competed at the Asian Games with the aim of popularising the sport in India. Despite narrowly missing out on two bronze medals, D'Souza views her journey as a crucial first step towards establishing teqball in the country and inspiring more athletes.
Former West Bengal Chief Minister's faction has announced support for the Congress candidate in the Nandigram assembly bypoll, marking a significant shift in state politics. This move comes amidst an internal party dispute within the Trinamool Congress and is seen as an attempt to consolidate anti-BJP votes and strengthen the INDIA bloc, despite a history of acrimonious rivalry between the two parties.
Indian air rifle shooter Elavenil Valarivan secured a silver medal at the Asian Games, despite initially leading the final. She expressed contentment with the result, viewing it as a crucial learning experience focused on process over outcome. This marks her third consecutive individual silver at major Asian competitions, and she also contributed to India's team silver. The medal holds personal significance as her first at the Asian Games, achieved after eight years, and she credits her coach's guidance.
The Income Tax Department announced a record 7.8 crore Income Tax Returns (ITRs) filed for Assessment Year (AY) 2026-27 by August 31, 2026, surpassing the previous year's figures.
Do not share OTPs, PINs, authentication codes, card numbers, card verification values (CVVs), KYC details, security answers, Internet-banking passwords or Aadhaar-based authentication credentials through SMS, e-mail or phone calls.
Maharashtra Deputy Chief Minister Sunetra Pawar has appealed to Opposition leaders to stop politicising the death of her husband, Ajit Pawar. Her comments follow accusations from NCP (SP) working president Supriya Sule regarding the lack of an FIR and the ruling faction's perceived inaction. Pawar stressed the immense grief of the family and affirmed faith in ongoing investigations.
Tata Trusts, which holds a significant stake in Tata Sons, is facing a mandate to immediately comply with Section 30A(2) of the Maharashtra Public Trusts Act, 1950, requiring two of the three life trustees at Sir Ratan Tata Trust to step down to meet the 25 per cent cap on perpetual trustees.
The Delhi High Court has directed the Centre's Grievance Appellate Committee (GAC) to consider a complaint regarding the removal of allegedly inflammatory and derogatory YouTube videos targeting Shirdi Sai Baba. The Shri Saibaba Sansthan Trust, Shirdi, seeks the removal of content that it claims hurts religious sentiments and promotes communal disharmony, despite a previous GAC order for removal of some material.
Hindutva influencer Swatantra Bhardwaj has been granted three weeks' interim bail by a Delhi court in a case involving the alleged assault on the father of a student activist during a Jantar Mantar protest. Bhardwaj was previously in judicial custody after being detained following public outrage over his claims of assault and political connections.
N Chandrasekaran, chairman of Tata Sons, announced he would not seek reappointment when his term ends in February 2027, following a series of departures by senior figures closely associated with former chairman Ratan Tata, including Vijay Singh and Mehli Mistry, amid a deepening power struggle and governance dispute within the Tata Group.
N Chandrasekaran's decision not to seek reappointment when his term as chairman of Tata Sons ends in February 2027 signals a significant shift in leadership amidst an ongoing power struggle and governance disputes within the Tata Group.
A group of prominent seers in Ayodhya protested against former Ram temple trust general secretary Champat Rai, alleging embezzlement of offerings and demanding an impartial investigation. They also claimed police forcibly stopped their meeting, a charge denied by local authorities who stated the seers were asked to vacate a hotel room booked for stay, not a meeting. The seers vowed to launch a larger movement if their demands for action against those responsible are not met.
A government primary school building in Rampura, Jaipur, declared unsafe, has been demolished following a campaign by the Cockroach Janata Party (CJP). The Rajasthan government has allocated Rs 18 lakh for a new building, with funds from DMFT and MLA grants. The CJP's visit to highlight the school's condition had previously led to confrontations and FIRs.
